When thinking about investing in land, there is one important question you need to answer. It is the first one that pops up the minute you get this idea. And it is also the main one, because – without the answer, you’ll just continue thinking about it and not doing anything. The question is: “How do I find suitable land?”
A Simple Solution
Let me be completely honest with you from the beginning. If you want to do this in Mission, British Columbia, then you will definitely need help. And I am not talking about help from your friends and family. I am talking about help from professionals, such as Jag Cheema – PREC – Royal Lepage Wheeler Cheam and similar experts. In any case, without professional help, chances are – you will make some wrong steps along the way.
If you have tried to get informed with people who don’t know much about this topic, other than hearing a few things here and there, then you have probably come across the most common wrong piece of advice. “It’s better to do it alone and buy directly from the seller” – they say. Well, unless you are an expert in real estate, this is some really, really bad advice right here.
There are so many things that could go wrong in this process. Trust me; getting ripped off would be the least of your worries if you don’t know how to properly do this and yet decide to do it alone. And, getting ripped off is already a big deal. Why would you give more money than necessary to anyone? I suppose you do care about your money.
Therefore, the answer to the above question is rather simple. And anyone who tries to convince you otherwise doesn’t really know what they are talking about. Don’t make a huge mistake right from the start of this process. The bottom line is, you need to find yourself a good agent if you are searching for land for sale and development. Look at this.
And that is exactly where your work begins. Nobody is going to do the search for you. Even if they do, would you really trust someone else’s judgement over yours? Once again, not unless that someone is an expert in real estate. Therefore, be smart when hunting for an agent, because that’s the person who will be hunting for your land. Let’s see what you should keep an eye on in the process.
Referrals
While we have already covered those people who will wrongly advise you to this alone, there are also those who might have something smart to say. And even though you should always trust your own judgement, completely dismissing other people’s opinions is not a good option. In fact, it can be rather harmful.
So, ask your friends and family members if they have used the services of a realtor in Mission at some point in their lives. They might have heard about a few people that you could contact. Of course, don’t make the hire based solely on those opinions. But, it is a good place to start your search, provided that you get a couple of recommendations.
Here are a few useful tips regarding land development: https://home.howstuffworks.com/real-estate/buying-home/10-tips-for-developing-raw-land.htm
Experience
When I speak of experience regarding these specific realtors, I am not referring only to the number of years they have been in business. Sure, if someone’s been doing this for a long time, that can be a plus. But, far from that being the only thing you should pay attention to when hiring a development land broker. In fact, it doesn’t have to mean anything sometimes.
The experience I am talking about here is a bit different. You need someone who has had their fair share of clients similar to you. Your needs are not the same as those buyers looking to purchase a home to live in. Of course, realtors can work in more than one areas, but it is always a good idea to find someone specializing in your specific area – in this case, purchase of development land.
Online Presence
What’s that? You don’t have the faintest idea why online presence should be important for real estate agents? Oh, come on now, isn’t online presence important for anyone and everyone these days? How could you possibly even research the prospective candidates without finding them at least somewhere on the Internet?
I am aware that this might be a bit of an odd criterion, but it is definitely important. The first thing you should do in this regard is search for a realtor’s website. If they have one, you can find a lot of useful info there. In any case, you should quickly turn your attention towards finding some online reviews and checking other people’s experience. That always speaks volumes.